Social and Economic Sciences International Program · Cologne. With approximately 500,000...

Social and Economic Sciences

International Program Winter Program – Summer Program

International Student and Faculty Exchange | 2018

© Internationaler Studierenden- und Mitarbeiteraustausch (ISMA)

Mercator School of Management

www.msm.uni-due.de/isma


www.msm.uni-due.de

University of Duisburg-Essen

www.uni-due.de

September 2018

http://www.msm.uni-due.de/ismahttps://www.msm.uni-due.de/en/mercator-school-of-management/https://www.msm.uni-due.de/en/mercator-school-of-management/https://www.uni-due.de/en/index.phphttps://www.uni-due.de/en/index.php



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Content

International Student & Faculty Exchange at Mercator 2

University of Duisburg-Essen 3

Mercator School of Management 4

Awards and Accreditation 5

The City of Duisburg 6

Social and Economic Sciences Program 7

Winter Semester Courses listed from A-Z 8

Summer Semester Courses listed from A-Z 10

Course Descriptions (Summer and Winter Courses A-Z) 13

German Language Courses 69

International Office at Mercator 79

Study Abroad at Mercator 81

Partners Worldwide 82

Contact and Campus Information 83

http://www.msm.uni-due.de/isma



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International Student and Faculty Exchange

Warm greetings to our Exchange Partners worldwide!

The Mercator School of Management International Office is pleased to introduce

itself. Our team is in charge of all international matters at Mercator, like

managing the faculty’s different exchange programs, dealing with agreements,

sending Mercator students abroad and hosting visiting students from partner

institutions. Connected to more than 50 universities all over the globe, our

International Office takes care of around 150 incoming and outgoing students

every year. Our primary objective at Mercator is to build prosperous academic

relationships with other countries by promoting the ongoing student and faculty

exchange!

This brochure provides an overview of Mercator’s course offering in English, as

well as information about the faculty, the university and the city of Duisburg.

Please feel free to contact us for more information on any of these topics. We are

looking forward to getting in contact with you soon, and to hosting the students

of our global partners!




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University of Duisburg-Essen

Message from the Rector

“We are one of the youngest universities in Germany and have a

fresh way of looking at things. We think in terms of unlimited

possibilities instead of possible limitations. Located in the heart

of the Ruhr metropolis, we have 11 faculties working to develop

ideas with a future. We are strong on research and teaching,

embrace diversity, promote academic potential and fight for

genuine educational equality.”

Univ.-Prof. Dr. Ulrich Radtke

The University of Duisburg was first established in the year 1655. In 2003, it

merged with its sister university in the neighboring city of Essen, henceforth

bearing the name “University of Duisburg-Essen”. As a result, UDE encompasses

two main campuses (one in Duisburg, one in Essen) and is listed among the oldest

and youngest universities in Germany at the same time. With around 42,000

enrolled students, UDE ranks among the 10 largest universities in Germany. Half

of its student population is female, while 19 percent is made up of internationals.

Each year, approximately 12,000 new students begin their studies at UDE. The

university currently provides employment for 470 professors, 3500 academic staff

and 1600 technical staff.

Mathematics

Humanities

Mercator School of

Management

Social Sciences Economics

Educational Sciences

Biology Chemistry Physics

Engineering

Medicine with University Hospital




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Mercator School of Management (MSM) is the Business Faculty of the University

of Duisburg-Essen, situated on Duisburg campus. MSM was founded in 2005 as a

successor of the former Faculty of Business Administration and Economics. Based

on the model of US-American business schools, MSM strives to operate on an

international level by combining profound research practices with a high

applicability in the real world. Mercator’s strong focus on research, combined with

quality education, guarantees Mercator a rank among the leading Business

faculties in Germany.

Currently, the Mercator School of Management is hosting 25 tenured professors

and 90 full-time research staff. The faculty holds the right to confer not only

doctoral degrees (PhDs), but also professorships in Business Administration.

Currently, a total of 3430 students pursue a bachelor’s or master’s degree at

Mercator School of Management. The most popular study tracks are Accounting &

Finance, Management & Economics, as well as Supply Chain Management and

Logistics. More than 20 chairs, each one with a different scientific specialization,

offer a wide variety of interesting courses to both Mercator’s local students and

international students.




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Awards and Accreditation

The University of Duisburg-Essen obtained System Accreditation

(„Systemakkreditierung“) by the Accreditation, Certification and Quality

Assurance Institute (ACQUIN), which certifies a very high quality of the

study courses. In Germany, only top-level institutions of higher education

are entitled to bear the label “university”. State-approved universities are

not dependent on 3rd party accrediting agencies to demonstrate the quality

of their programs. The system accreditation is the highest form of

accreditation granted by the German council of accreditation. It attests that

a university conducts excellent quality management in teaching and

research.

Mercator School of Management itself is accredited by the German

Accreditation Agency AQAS. It is also a valid member of AACSB since 2013.

In many disciplines, the University of Duisburg-Essen (UDE) ranks amongst

the TOP 10 German research universities. The Times Higher Education (THE)

Young University Ranking 2017 lists UDE as #13 among the TOP 200

universities under 50 years old, which labels UDE as the 3rd best German

university in this category. Beyond the boundaries of Duisburg, Mercator

School of Management is renowned for its research-based teaching. The

Mercator School of Management is ranked among the top 20 German

Business Schools in the categories “International Publications” and

“Citations” (CHE, 2018).

Most recent awards and special achievements of MSM professors

Prof. Dr. Martin Thomas Hibbeln, Chair of Finance:

CIONET European Research Paper of the Year 2018

Heinrich Büssing Award 2017

Prof. Dr. Jochen Gönsch, Chair of Service Operations:

Finalist Award Forum Top Young Researchers 2017

Prof. Dr. Marc Eulerich, Chair of Internal Auditing:

Admission into the „Internal Auditing Education Partnership“ (IAEP) Program of the

Institutes of Internal Auditors (IIA) in August 2017




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The City of Duisburg

Duisburg is located in the western part of Germany, close to Düsseldorf and

Cologne. With approximately 500,000 inhabitants, Duisburg is the fifth-largest

city in North Rhine-Westphalia, a region whose cities are closely interconnected

due to an elaborate infrastructure. As a result, every area in Duisburg and its

surroundings can be easily reached by train or bus. Duisburg’s geographical

position is a wonderful invitation to travel, with grand European metropoles like

Paris, Amsterdam or Brussels only a stone’s throw away. The city of Duisburg truly

lies in the heart of Europe!

Duisburg’s first history reference dates back to the 9th century. The city spreads

along both sides of the rivers Rhine and Ruhr, which conjoin in the centre of

Duisburg. "Duisport", Duisburg’s harbor, is considered the largest inland port

worldwide. It is officially regarded as a "seaport" because seagoing river vessels

go to ports in Europe, Africa and the Middle East. The large harbor, along with the

proximity to important cities, has let Duisburg become an important turnover and

production point for many industries. For a long time, the city was known for its

steel production, coal mining and chemical industry. However, with the last

remaining coal mine closed down in the summer of 2009, Duisburg faced

structural change. Some of the city’s highlights today are the Duisburg Zoo, malls,

parks and lakes, water skiing schools, climbing parks, industrial attractions and

the inner harbor mile with its restaurants.




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All course information in this brochure is supplied without liability, changes in the

program may occur anytime and lecturers are responsible for their own course

planning. New courses will be added to this brochure/the list continually.

Social and Economic Sciences Program

The Social and Economic Sciences International Program (SESIP) includes a

variety of lectures and seminars taught in English language. The program is open

to all exchange students visiting Duisburg campus as guests of the Faculty of

Social Sciences, Mercator School of Management or the Institute of East Asian

Studies. By connecting social and political sciences with regular business courses,

SESIP offers our international students a wide range of modules to choose from.

Winter Program in English language

Summer Program in English language

German Language Courses

The following pages feature detailed course descriptions and other important

information on the current schedule. Apart from the lectures included in this

brochure, Mercator School of Management offers a broad selection of Business

Administration and Economics courses in German language. The complete course

catalogue can be viewed under

Lectures and seminars taught in German and English language

International students with a moderate fluency in German are cordially invited

to attend these courses. German and English modules can be combined freely. All

courses from our faculty’s bachelor and master tracks are generally open to our

incoming exchange students! For incoming students who know some German but

do not feel comfortable about taking exams in German, our Master seminars may

be a good choice (please contact us for more information). Mercator is constantly

endeavored to expand its course offering for students who are not fluent in

German. As a result, more courses in English are expected to join the program. It

is also possible to add courses offered by the Institute of Optional Studies (Liberal

Arts and Language Classes).

http://www.msm.uni-due.de/ismahttps://campus.uni-due.de/lsf/rds?state=wtree&search=1&trex=step&root120182=215769|208215&P.vx=kurz



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Winter Semester Courses A – Z

Applications in Empirical Research (M)

Applied Microeconomics (M)

Behavioral Economics (M)

Business and Economy in China (M)

Business English Refreshers’ Course Level I (B/M)

Business English Refreshers’ Course Level II (B/M)

Contemporary Challenges of the Economies in East Asia (M)

Contemporary History of East Asia (B/M)

East Asia in Political Science (B/M)

East Asia in Sociology (B/M)

Econometrics (M)

Game Theory and its Applications (M)

German Language Courses (B/M)

Institutions in Japanese Politics (M)

International Economic Organisation (M)

International Financial Accounting (B)

Introduction into the Political System of Germany (B/M)

Introduction to the Korean Economy and Society (B/M)

Japan’s Economy between Market, State and Society (M)

Marketing I – Marketing Information & Strategy (B)

Marketing II – Marketing Operations and International Marketing (B)

Reading and Writing in Sociology (B)

Seminar on China’s Economy (M)

Statistics for Econometrics (M)

The Development Issues of the Economies of East Asia (B/M)

Topical Issues of the Korean Economy and Business Management (B/M)

Topics in Applied Econometrics (Ph.D)

Transnational Relations of East Asia (B/M)

All lectures taug

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English

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Winter Semester Courses A – Z

Wirtschaftsenglisch (Business English) (B)

Supplementary courses taught in English for Undergraduate’s

Institute of Optional Studies

A History of American Literature – 3 ECTS

A History of British Literature and Culture – 3 ECTS

A Survey of American Literature – 4 ECTS

A Survey of British Culture – 3 ECTS

A Survey of British Literature – 4 ECTS

Citation management for LaTex users

Climate Change and Adaption Strategies within Urban Areas – 5 ECTS

Creative self-management skills for students – 3 ECTS

Decarbonisation of Cities as Development Goal and Social Process. Capacities,

Strategies, and Good Practice – 5 ECTS

Drama Group – 3 ECTS

English Language Courses – 4ECTS

Ethics: Animal Ethics – 3 ECTS

Ethics: Is morality subjective? – 3 ECTS

European identity in the European Union: Focus on intercultural communication,

language and gender – 3 ECTS


Intercultural Theory and Practice -2 ECTS

International team working skills – 3 ECTS

Introduction to American Civilization – 3 ECTS

Variation in English – 3 ECTS

Link: Lectures and seminars taught in German language

(B) – Bachelor / Undergraduate

(M) – Master / Graduate

All lectu

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glish lan

guage

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taltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=308334&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=309076&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=309076&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=307880&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=307880&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=315378&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung



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Summer Semester Courses A – Z

Advanced Industrial Organization (M)

Applications in Empirical Research (M)

Behavioral Economics- Experimental Design (M)

Business English Refreshers’ Course Level I (B/M)

Business English Refreshers’ Course Level II (B/M)

Business Issues in Japan’s Economy (B/M)

Business Law: Contracts and Regulations in Europe (B)

Changing Perspectives in International Development (B)

China Management Cases (B/M)

China's Globalization: Discussing the Border and the Community (B)

Corporate Finance for MBA Students (M)

Cybersecurity Management (B/M)

Digitization of Work and Industry: Comparing National Industrial Policies

and Corporate Initiatives (B)

Econometrics (M)

Economic Studies on China (B/M)

European Business (B)

European Economics (B)

German Language for Short Term Studies

German Language Courses (B/M)

Industrial Economics (B)

Innopreneur in Residence (B/M)

INSPIRING ENTREPRENEURSHIP: Encounter of Economy, Culture, and Politics in

Global Business Context (B/M)

Institutions and Organizations in Japan (M)

International Consumer Culture for MBA students (M)

International Real Estate for MBA Students (M)

Introduction into the Political System of Germany (B/M)



All lectures taug

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English

language




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Summer Semester Courses A- Z

Japan’s Role in Global and Regional Economic Relations (B/M)

Management and Corporate Strategies in Japan and Korea (M)

Marketing I – Marketing Information & Strategy (B)

Marketing II – Marketing Operations & International Marketing (B)

Masterclass Management Science (M)

Political Culture and State-Society Interactions (M)

Reading and Writing in Sociology (B)

Seminar on Japan’s Economy (M)

The Chinese Society (B/M)

The Global Corporate Elite and its Opposition: Networks of Power and Resistance (B)

The Political System of Japan (B/M)

Topics in International Economics (M)

Topics in Labor Economics (M)

Transnational Social Movements, Protest Dynamics and Social Change (B)

Wirtschaftsenglisch (Business English) (B)

Supplementary courses taught in English for Undergraduate’s

Institute of Optional Studies

A Survey of American Literature – 4 ECTS

A Survey of British Culture – 3 ECTS

A Survey of British Literature – 4 ECTS

An Introduction to Thick Concepts – 3 ECTS

Applied Climatology and Bioenvironmental Urban Studies – 5 ECTS

Citation management for LaTex users

Creative self-management skills for students – 3 ECTS

Disability and the Good Life – 3 ECTS

Drama Course – From Reading to the Stage – 3 ECTS

All lectures taug

ht in

English

language

http://www.msm.uni-due.de/ismahttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=299194&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=299194&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=306825&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=306825&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=300575&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=300575&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=306842&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=306858&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=300288&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=300288&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=298943&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=298943&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltunghttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=306868&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung



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Summer Semester Courses A-Z

Drama Group – 3 ECTS

English Language Courses – 4 ECTS

European identity in the European Union: Focus on intercultural communication,

language and gender – 3 ECTS


Global Aspects of Environmental Protection – 4 ECTS

Intercultural Theory and Practice – 2 ECTS

International team working skills – 3 ECTS

Introduction to American Civilization – 3 ECTS

Low Carbon Society - Roadmapping for Sustainability Transitions at Local and

Regional Level – 5 ECTS

Major Concepts in Pragmatics – 2 ECTS

Music-, event- and cultural management in theory and practice (Basic course) – 4 ECTS

Philosophy of Emotion – 3 ECTS

Politics in the EU – 4 ECTS

Refugee and Exile Writing – 4 ECTS

Spoken and Written English – 2 ECTS

Link: Lectures and seminars taught in German language



All lectu

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lang

uag

e

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15

Course Descriptions Winter Program Summer Program

Advanced Industrial Organization

Master / Graduate – 5 ECTS Summer Term

Content

1. Review of the fundamental concepts of industrial economics and game theory

2. Monopolistic price discrimination

3. Competition in differentiated goods

4. Key topics in competition policy

5. Network externalities and bilateral markets

Upon successful completion of this module students will be able to understand the

advanced concepts of industrial economics based on standard input-output-models and

to apply these concepts in extended, more complex and more realistic situations.

Literature

1. Belleflamme, P. and Peitz, M. (2010). Industrial Organization: Markets and Strategies.

Cambridge University Press.

2. Bester, H. (2000). Theorie der Industrieökonomik. Springer.

3. Tirole, J. (1988). The Theory of Industrial Organization. MIT Press.

4. Motta, M. (2004). Competition Policy: Theory and Practice. Cambridge University Press.

5. Lecture notes

Chair: https://www.mikro.msm.uni-due.de/en/home/

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16


Applications in Empirical Research

Master – 5 ECTS and Postgraduate – 6 ECTS Summer and Winter Term

The aim of this course is to familiarize students with practical empirical work. For this

purpose, this course refers to the knowledge of the theoretical econometrics lecture in

the Master program. The successful completion of the Master course "Econometrics" is a

prerequisite for this course. The idea here is that the students can deal in detail with a

published empirical paper from the different areas of the economy. The focus is

particularly on the methodology of the study, which will be used to answer the research

question.

Instead of a written examination the credit points are obtained through a written term

paper (about 10 pages) plus an oral presentation (20-30 minutes) of the term paper. The

Term Paper can optionally be written in English or German, the same applies to the

presentation.

The Econometrics software STATA is available through an external access so that

independent econometric analysis can be performed.

Chair: https://www.vwl.msm.uni-due.de/en/home/

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17


Applied Microeconomics

Master – 5 ECTS and Postgraduate – 6 ECTS Winter Term

Content

1. Non-Cooperative Game-Theory

2. The institutional Turn in Economics

3. The Economics of Trust

4. Moral Hazard and Incentive Alignment

5. Credible Commitment

After successful termination of this course students will be able to…

understand and analyze the fundamental organizing principles of economic

interaction,

to conduct game theory motivated analysis of economic issues and

to analyze and evaluate the design of specific institutional arrangements of

economic interaction.

Literature

1. Jehle, Geoffrey and Philip Reny (2011): Advanced Microeconomic Theory (Harlow:

Prentice Hall)

2. Carmichael, Fiona (2005): A Guide to Game Theory, (Harlow et al.: Prentice Hall).

3. Osborne, Martin, Eric (2004): An Introduction to Game Theory, (Oxford-New York:

Oxford Univ. Press).

4. Holt, Charles (2007): Markets, Games, & Strategic Behaviour,(Harlow et al.: Prentice

Hall).

5. Greif, Avner (2006): Institutions and the Path to the Modern Economy. Lessons from

Medieval Trade, (New York: Cambridge University Press).

Chair: https://www.china.msm.uni-due.de/en/home/

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18


Behavioral Economics - Experimental Design


The purpose of the course is that students get an understanding for the method

“experimental economics” as well as get familiar with experimental approaches to “public

economics”.

At the beginning of the course students have to present papers that discuss the pros and

cons of the method “experimental economics”. They will learn for what kind of research

questions this method is best suited but they will also be able to understand its limits.

In the second part students will get a precise understanding about the usage and

appropriate design of economic experiments for research questions related to public

economics. Especially, they will acquire the knowledge to set up experiments based on

existing research questions. Here, we will discuss state-of-the-art experimental work

horses and statistical techniques to set up and analyze experiments.

The course is meant as an interactive class with students’ active participation, exercises

and student presentations. There will not be a final written exam. Instead students will

have to build groups and develop own research ideas, which they will have to present to

the class.

Syllabus (preliminary)

I. Students Presentations: “Introduction to Experimental Economics”

II. Experiments: Research Approaches/Questions

III. Principles of economic experiments

IV. Experimental Papers in the “Journal of Public Economics” until 2005

V. Final Students Presentation: “Approaching research questions with lab experiments”

Main Literature

Friedman, D., and Sunder S., Experimental Methods: A Primer for Economists Cambridge

University Press, 1994

Friedman D., Cassar A., Economics lab, an intensive course in experimental economics, Routledge,

London, 2004

Colin F. Camerer, Behavioral Game Theory, Princeton University Press, 2003

Chair: https://www.be.msm.uni-due.de/en/cover-page/

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19


Business and Economy in China

Master / Graduate – 5 ECTS Winter Term

This seminar aims at understanding China’s business and economy from a macro

perspective. We try to cover all the classical topics in macroeconomics. At the end of the

seminar, we hope you have a better idea of current economic research on China. A specific

focus is to grasp current research questions and the economic methodology employed for

answering these. In this seminar, all students are grouped according to their interests.

Each group will be asked to give two presentations and write one final term paper.





20


Business English Refreshers’ Courses

Bachelor and Master – 6 ECTS Summer and Winter Term

Business English Refreshers’ Course – Level I – 3 ECTS

The course conveys knowledge and skills in the areas of grammar, vocabulary, listening

and reading comprehension. It aims to increase the overall language fluency. The

participants will be brought to a sufficient level of English to fulfill the admission

requirements for the elective “commercial English” without difficulty.

Business English Refreshers’ Course – Level II – 3 ECTS

This course aims to equip students with the vocabulary and knowledge to give effective

presentations in English, particularly within a business context. Students will develop

their communication skills in English, paying close attention to their presentation style.

Issues such as cross-cultural communication and persuasive power will be addressed.

Students' analytical faculties will be enhanced through group discourse, as well as

continuous oral and written assessment. In addition to practice assignments, students

will be required to give two assessed presentations as part of their final grade.

Chair: https://www.css.msm.uni-due.de/en/courses/

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21


Business Issues in Japans Economy

Bachelor and Master – 3 ECTS Summer Term

During the seminar, changes concerning business issues in Japan’s economy will be

highlighted by focusing on different areas of Japanese management. Each area will be

approached from a theoretical framework that will enable students to evaluate different

topics. Based on the theoretical framework of strategic analysis students will conduct a

case study on their respective topics.

Learning targets

The successful completion of the seminar enables students to

- develop and use case studies to analyze companies and industries - evaluate the pros and cons of the case study approach - learn how to present complicated materials to a wider audience - underline the main challenges faced by Japanese companies today - explain the status quo of important Japanese industries

Chair: https://www.japkor.msm.uni-due.de/en/home/

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22


Business Law: Contracts and Regulations in Europe

Bachelor / Undergraduate – 2 ECTS Summer Term

Agency, Distribution and Franchise Agreements: Why do the parties decide to

terminate the collaboration contracts?

There is a balance between protecting the distributor and freedom of contract both in

Civil and Common law jurisdictions. This fact sets out some basic principles to consider

before the parties decide to terminate that distribution agreement. Is there any

difference between Agency, Distribution of Franchise contracts so as to terminate a

commercial relation?

Competition Policy in the EU Law: What does competition policy of the EU Law means

and how does it affect to commercial contracts?

According to the EU Law the MMSS should adopt an economic policy conducted in

accordance with the principle of an open market economy with free competition. This is

why the parties have to fulfill with the principles of the EU competition policy instead of

adopting their own interests when they celebrate some commercial contracts such as the

distribution or franchise agreements.

European Union and: What happens with the process of the European Union

integration after Brexit?

The legal system created by the European Union has already become an established

component of our political life and society. It has been the result of the process of

integration of the EU of the Treaty of Rome (1957) until today. However, the enlargement

of the EU has received the implications of the Brexit (27th June 2016) which may have a

relevant impact not only on the EU business integration but also in the legal one.

Gender equality in the EU: How Gender mainstreaming is applied in the EU? Why are

law and justice important for gender equality?

Let’s study the role of the European Union Law and its judgments in achieving gender

equality!




23


Changing Perspectives in International

Development


This module explores the current crisis of international development. Why is it so difficult

to assist developing societies? Why it seems that differences among people cannot be or

should not be bridged? Why is there a deep skepticism and pessimism regarding the

recuperative powers of developing societies? In order to address these questions, the

module engages with changing perspectives in international development. First it

discusses the invention of development after the Second World War. Second it examines

how in the 1990s development came to be linked to an institution-building and state-

building process. Third it explores how development is increasingly becoming an

individualist process of removing unfreedoms that is detached from social and political

contexts. It is crucial to understand this trajectory to grasp the current crisis of

international development and rethink forms of international assistance.

There is no core reading for this module. There will be specific readings and audiovisual

material (films, documentaries or songs) for each class (max 25 pages). In the first class

(April 19), for example, students are expected to listen to the song: ‘Fanfare for the

Common Man’, New York Philharmonic, James Levine. They also need to read pages 18-42

from the following article:

Fritz, Charles (1996), *Disasters and Mental Health, *Disaster Research Center, University

of Delaware. (Read only pages: 18-42).

Chair: https://www.uni-due.de/soziologie/institute.php

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24


China Management Cases


This seminar on China's economy forms part of our MA sequence on China. It is a

practically-minded, application-oriented course that will teach both the basics of

strategic management, and their applications to Chinese cases. At the end of the seminar,

you will understand and be able to employ essential tools used in market analysis and

corporate strategy, and will have insights into the business landscape in China. We will be

exploring a number of different, timely cases in current China's business landscape.





25


China's Globalization: Discussing the Border and

the Community


We will address the meanings of border and community in three dimensions arising from

China's globalization: (a) global labor migration and the "transnational Chinese

community"; (b) cross-border ethnic identities and communities in China, and (c) ethno-

nationalism and China's overseas development policies. In effect, we will explore the

politics of belonging among Chinese workers abroad (huagong), the complex two-way

belongings along the international borders of Xinjiang, Gansu, Inner Mongolia and

Heilongjiang, as well as the protean use of ethnic identity in Chinese development

projects in Eurasia, the Middle East and Africa.

Chair: https://www.uni-due.de/soziologie/internationales_baplus_courses_2017.php

http://www.msm.uni-due.de/ismahttps://www.uni-due.de/soziologie/internationales_baplus_courses_2017.php



26


Contemporary Challenges of the Economies in East

Asia


The lecture provides a basic overview of important contemporary economic issues of

China, Japan, and Korea. It will draw connections to theoretical approaches explaining

economic phenomena and to approaches explicitly developed for the East Asian context.

A comparative view and transnational phenomena are considered where appropriate.

It is part of the module “Disciplinary Approaches: East Asia in Economic Science (DA 2)”.

The first part of the module is being taught in the preceding first block of the semester

(“The Development Issues of the Economies of East Asia”).

The lecture deals with selected topics of particular importance for the East Asian

economies, such as

Innovation

Money and finance

The firm: organization, corporate governance and networking

Environment protection

The role of national economies in the global economy

Industrial policy

Long term reform agenda

It should be noted that the current master-level lecture is more theory-oriented than the

German language ones.

A written exam will be provided at the end of the semester (around February/March).

Grades are based homework, participation, presentation (25%) and the final exam paper.

Details will be communicated during the course.

Foreign exchange students (Erasmus program, etc.) are welcome to join. Their grade will

be based on oral participation (25%) and a term-end essay on a topic to be decided.





27


Contemporary History of East Asia

Bachelor and Master – 3 ECTS Winter Term

This lecture is intended to provide a cross-regional context for understanding the East

Asian region since the post-World War II settlement. Students get the opportunity to

deepen the understanding of the challenges in the East Asia by focusing the

comprehensive contemporary history of the region.

The objective of this module is to understand the historical trajectories that shaped the

region and its constituent parts, China (Chinese Mainland, Taiwan, Hong Kong, Macau),

Democratic People’s Republic of Korea, Republic of Korea, Japan and Mongolia.

The lecture addresses the legacy of regional divisions and conflicts during the Cold War,

the Chinese transition economy, the emergence of the “post-Communist” world order, as

well as dynamics towards regional integration.

Moreover, the lecture aims to look at main developments, factors and players from

synthesizing, cross-boundary and cross-disciplinary perspectives.

The lectures and readings are meant to complement each other. Relevant materials will be

on the BSCW server or on the internet. Students will be able to reach the BSCW server,

when they enroll into the course. Textbooks are available in the library, but are also easy

to purchase. Students are expected to read the texts and prepare for each class by reading

the material listed, plus any occasional hand-outs.

Methods of Assessment

Attendance at every session is essential.

Students will prepare two assignments. First assignment will be released on the middle of

the term and it will count towards the final mark with 20 %. Second assignment will be

released in mid-January and it will count towards the final mark with 80 %.

Besides, to give an idea to students about assignments; a sample assignment paper is

posted on the BSCW server, so that students may get an impression of their format.

Chair: https://www.uni-due.de/in-east/

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28


Corporate Finance


Content

1. Overview of corporate finance

2. Revision of time value of money concepts

3. Analyzing financial statements

4. Bonds and the valuation of bonds

5. Stocks and the valuation of stocks

6. Risk versus return and the CAPM

7. The cost of capital

8. Advanced capital budgeting techniques

9. Cash flow in capital budgeting

10. Financial planning and corporate valuation

11. Analyzing capital structure

Examination

Students will work on a self-study project applying relevant Corporate Finance

techniques.

Link: https://www.isma.msm.uni-

due.de/fileadmin/Dateien/ISMA/Infos_fuer_Partner_durch_MSM/Corporate_Finance_2018.pdf

http://www.msm.uni-due.de/ismahttps://www.isma.msm.uni-due.de/fileadmin/Dateien/ISMA/Infos_fuer_Partner_durch_MSM/Corporate_Finance_2018.pdfhttps://www.isma.msm.uni-due.de/fileadmin/Dateien/ISMA/Infos_fuer_Partner_durch_MSM/Corporate_Finance_2018.pdf



29


Cybersecurity Management


Content

This course is intended to introduce cybersecurity to business students with limited

computer and networking experience. Cybersecurity is a very extensive topic. Hence, this

course is only intended to cover the basics and key issues of cybersecurity from a

managerial perspective. The goal is for students to gain a basic understanding that will

help them further explore specific areas of cybersecurity.

The topics include

Networking Concepts

Hands-on Lab: Network Sniffing with Wireshark

Risk Management

Access Control

Application Security

Cryptography

Hands-on Lab: Public Key Encryption

Incident and Disaster Response

Link: https://www.isma.msm.uni-

due.de/fileadmin/Dateien/ISMA/Infos_fuer_Partner_durch_MSM/Cybersecurity_Management_2018.pdf

http://www.msm.uni-due.de/ismahttps://www.isma.msm.uni-due.de/fileadmin/Dateien/ISMA/Infos_fuer_Partner_durch_MSM/Cybersecurity_Management_2018.pdfhttps://www.isma.msm.uni-due.de/fileadmin/Dateien/ISMA/Infos_fuer_Partner_durch_MSM/Cybersecurity_Management_2018.pdf



30


Digitization of Work and Industry:

Comparing National Industrial Policies and

Corporate Initiatives


The ongoing digital transformation of work and industry involves a plethora of digital

technologies, e.g. artificial intelligence, algorithms, and learning systems;

interconnected physical devices, autonomous logistics, and cyber-physical systems

(“Internet of Things”); robotics and additive manufacturing technologies; or wearable

and ‘smart’ devices. However, the paths of digitization differ. Current processes of

digitization in manufacturing are particularly shaped by, mostly national, corporate

initiatives and industrial policies such as the U.S. „Industrial Internet Consortium“,

“Industrie 4.0” in Germany, “Industrie du futur” in France, or the „Industrial Value-Chain

Initiative“ in Japan. In a rather hands-on seminar style, we will conduct comparative

research on the different initiatives and policies, on their institutionalization, main

vantage points, represented interests, scope, and practical effects.

Chair: https://www.uni-due.de/soziologie/internationales_baplus_courses_2017.php

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31


East Asia in Political Science (Module DA1)


The course highlights the way political science looks at and does research on the political

systems of China, South Korea, Japan and Taiwan. The two courses of the module DA1

(East Asia in Sociology) will introduce students to examples of how East Asia (or an

individual country of the region) is dealt with and used as an object of academic

investigation in sociology and political science. The goal is to strengthen students'

understanding on the one hand of how to apply methods and concepts from the

disciplines in the East Asian context and on the other of pertinent socio-political

conditions in the region. Both courses will begin with a general introduction into the

societies and political systems of the region and then discuss peer reviewed articles from

the two disciplines on selected topics.





32


East Asia in Sociology (Module DA1)


This part of module DA1 explores sociological perspectives on the societies of China (with

Taiwan), South Korea, and Japan. The two courses of the module DA1 (East Asia in

Political Science) will introduce students to examples of how East Asia (or an individual

country of the region) is dealt with and used as an object of academic investigation in

sociology and political science. The goal is to strengthen students' understanding on the

one hand of how to apply methods and concepts from the disciplines in the East Asian

context and on the other of pertinent socio-political conditions in the region. Both

courses will begin with a general introduction into the societies and political systems of

the region and then discuss peer reviewed articles from the two disciplines on selected

topics.





33


Econometrics


The objective of this course is to prepare students for basic empirical work in economics.

In particular, topics will include basic data analysis, regression analysis and testing.

Students will be provided with the opportunity to use data to test economic theories. This

course covers furthermore how to use the software STATA for data analysis.

Outline

• Introduction

• A brief review of probability and statistics

• The simple regression model

• Multiple regression analysis: Estimation and inference

• Multiple regression analysis: Further issues

• Sources of endogeneity

• Basic panel data methods

• Instrumental variable approaches


Chair: https://www.vwl.msm.uni-due.de/en/home/

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34


Economic Studies on China


This lecture, as a continuance of the Chinese Economy (I) given at the introductory level,

covers the advanced topics of Chinese Economy. It includes the topics about institutional

change, inequality, structural imbalance, innovation, social capital and demographic

change at an advanced level. Through this lecture, student may have a comprehensive

knowledge to China’s economic development, and make a good preparation for doing

relevant economic research.





35


European Business


With the rising significance of Europe in an ever more globalized world, the importance of

European business needs to be taken into account.

European Business will be studied through intensive lectures. The purpose of the course is

that students get an understanding for business in Europe with a strong emphasis on

banking and finance, as well as corporate governance.

This course covers topics like corporate governance structure, governance mechanism as

well as corporate and management strategies. Additionally, it aims to show how the

European banking sector works including an introduction to risk management as well as

profitability and risk controlling.

Examination

Students will be evaluated on the basis of their active participation in discussions, on

their presentation and the final exam.




36


European Economics


European Economics will be studied through intensive lectures. This module provides an

understanding of economics in such as the European currency union, European economic

integration and comparative managerial behavior in Europe. It gives an overview over the

European integration process and the organization of the European Union as well as

development in different policy areas, including agricultural and regional policies.

Students should develop an informed opinion on how they personally evaluate possible

future chances of the European integration. It addresses decision making on individual,

group and organizational levels. The case-study-method encourages students to consider

the importance of negotiation and cross-cultural communication.

Furthermore, the course covers the development of the European monetary union and the

theory of exchange rate regimes as well as optimum currency area. It includes an analysis

of consequences for private and public sectors and gives an understanding about the

differences between expectations and the current situation of the European Currency

Union.

Examination

Students will be evaluated on the basis of their active participation in discussions, on

their presentation and the final exam.




37


Game Theory and its Applications

Master – 5 ECTS and Postgraduate – 6 ECTS Winter Term

Content

1. Game theory in economics and business administration

2. Static games

3. Dynamic games

4. Principal-Agent theory

5. Use cases: incentives in organizations, negotiations

After successful completion of this course students are able to understand the concepts of

game theory and to apply them in more complex and realistic situations.

Literature

1. Binmore, K. (1992). Fun and Games. Lexington, D.C. Heath.

2. Fudenberg, D. & Tirole, J. (1991). Game Theory, Cambridge MA, MIT Press.

3. Gibbons, R. (1992). Game Theory for Applied Economists. Princeton University Press.

4. Harrington, J. (2009). Games, Strategies and Decision Making. New York, Worth

Publishers.

5. Myerson, R. (1991). Game Theory: Analysis of Conflict. Cambridge MA, Harvard

University Press.

6. Osborne, M. & Rubinstein, A. (1992). A Course in Game Theory, Cambridge, MA, MIT

Press.

7. Lecture notes





38


Industrial Economics


This lecture deals with the basic concepts of industrial economics, especially with the

market structures of of a monopoly and an oligopoly. As a valuable tool for discussing

economic models, the game theory is introduced. Another part of the lecture is the

discussion of the Nash-Equilibrium.

Part 1 What is industrial organization

(1) partial analysis

(2) market demand

(3) elasticity of demand

Part 2 Monopoly

(1) welfare losses from monopolistic price setting

(2) natural monopolies

(3) price differentiation

Part 3 Oligopoly

(1) Cournot competition

(2) Bertrand competition

(3) Stackelberg model

Part 4 Cartels and collusion

(1) stability of cartels

(2) antitrust policy

After successful completion of this course, students will be able to

(1) explain the concepts and objects of industrial organization,

(2) understand firms’ behavior under monopoly case and oligopoly case,

(3) distinguish competitions in quantities and in prices,

(4) analyze vertical and horizontal mergers and critically evaluate them,

(5) explain problems of market power abuse and analyze case studies.


Part 5 Horizontal mergers

(1) profitable mergers

(2) economic policy assessment about

mergers

(3) synergy effects

(4) merger control

Part 6 Vertical mergers

(1) price form in a vertical structure

(2) the double marginalization

(3) case studies

Part 7 Abuse of market power

(1) displacement and obstruction of

market entry

(2) the chain store paradox

(3) case: Microsoft




39


Innopreneur in Residence 2019

Bachelor and Master Summer Term

Proven innovative entrepreneurs, who have demonstrated on numerous occasions that

they develop and implement radically innovative solutions for social challenges,

stimulate the academic and regional start-up milieu on several days.

In the course of this, they discuss novel ideas for future-oriented business models with

knowledge-driven innovators and creative minds. In addition to a public lecture, several

workshops (each of several days' duration) will be held. Interested UDE members apply

with a letter of motivation. An Innopreneur-in-Residence will be invited annually over a

three-year period.

Innopreneur in Residence 2019: Sofie Lindblom

CEO & Co-Founder, innovation360 group AB, Sweden

Ex Spotify Global Innovation Manager

Workshops and Keynote: „Avoid Your Kodak Moment – Setup to Innovate“

Workshops, registration, further information: [email protected]

http://www.msm.uni-due.de/ismamailto:[email protected]



40


INSPIRING ENTREPRENEURSHIP: Encounter of

Economy, Culture, and Politics in Global Business

Context


Course Description

This course aims to inspire new business ideas. The students are guided to find out their

capabilities of doing business in the future. Another focus of the course is to learn how to

handle uncertainties and changes in the global business environment and conduct

business in 'other' cultural contexts such as in the newly emerging markets, BRICS/MINT.

Learning Objectives

The course based on the selected case studies from different countries, from several

globally expanding sectors, such as IT, retail-chains, and pharmacy. The chosen

companies reflect the nature of conducting business in the global landscape. Emphasis

will be on what makes international different from domestic. The effects of the social

systems within countries on the conduct of global business. Factors that are explaining

international business transactions and the institutions influencing those activities. The

financial-exchange-systems and institutions that measure and facilitate international

transactions. The dynamic interface between countries and companies attempting to

conduct foreign business activities. Corporate strategy alternatives for global operations.

Literature

Required: Global Retail Development Index- The Age of Focus–The 2017. Case Studies (For

each case study, we have one separate article with changing length)

Recommended: (Text Book) Hill, Charles W. International Business. McGraw-Hill. 9th or

10th editions / Business news sources: Harvard Business Review, Wall Street Journal and

Business Week.

Link: More details about this lecture

http://www.msm.uni-due.de/ismahttps://campus.uni-due.de/lsf/rds?state=verpublish&status=init&vmfile=no&publishid=306354&moduleCall=webInfo&publishConfFile=webInfo&publishSubDir=veranstaltung



41


Institutions and Organizations in Japan


Content & Aims

In comparative studies Japan represents an important deviation from the ‘liberal market’

and individualistic societies of the UK and US, while exhibiting strong similarities with

the social institutional arrangements, relative equality and high degrees of social

integration credited to western European societies. Many of these differences can be

traced back to the development of governmental and democratic institutions in Japan.

Recently however, the strengths of Japanese social and political institutions have been

called into question. Especially the seeming lack of reform potential, in the context of

globalization, the rise of China as a regional power and dramatic demographic changes

have highlighted the lack of social and political capacities for reform.

The aim of this course is to understand the origins of Japanese social and political

institutions, how they compare to European cases, with an emphasis on the form of

capitalism, employment, welfare and social policy, gender division of labor, the family,

migration and ethnicity, political parties, and election dynamics as well as policy

formation.

Requirements

Active participation

Preparation of the required readings (at least 2 questions concerning each text)

Presentation based on the readings in “Institutions and Organizations in Japan”

Research paper (for whole module/both seminars)

Grading

Students will be evaluated on the basis of their assignments, active participation in

discussions, on their presentation and leading one of the discussions, preparation of

literature, and for the final research paper. Coursework (attendance, presentation,

discussion, assignments) in the “Institutions” seminar count for 25% of the final module

grade. The research paper counts for 50% of the module grade. An additional 25% of the

module grade is determined by participation and assignments in the “Research” seminar.

Chair: https://www.uni-due.de/in-east/school/

http://www.msm.uni-due.de/ismahttps://www.uni-due.de/in-east/school/



42


Institutions in Japanese Politics


In comparative studies Japan represents an important deviation from the ‘liberal market’

and individualistic societies of the UK and US, while exhibiting strong similarities with

the social institutional arrangements, relative equality and high degrees of social

integration credited to western European societies. Many of these differences can be

traced back to the development of governmental and democratic institutions in Japan.

Recently however, the strengths of Japanese social and political institutions have been

called into question. Especially the seeming lack of reform potential, in the context of

globalization, the rise of China as a regional power and dramatic demographic changes

have highlighted the lack of social and political capacities for reform. The aim of this

course is to understand the origins of Japanese social and political institutions, how they

compare to European cases, with an emphasis on the form of capitalism, employment,

welfare and social policy, gender division of labor, the family, migration and ethnicity,

political parties, and election dynamics as well as policy formation.





43


International Consumer Culture


Outline

1. Understand the consumer decision making process

2. Understand the role of purchase motivations in the market place

3. Effectively analyze different consumer cultures across the globe

4. Recognize the impact various cultures have on consumer purchase motivations

5. Identify the impact culture plays on the consumer decision making process

6. Leverage consumer cultural difference into effected international market strategies

(e.g., promotions, product offerings, pricing)

Visiting Lecturer: https://www.mgt.unm.edu/faculty/facultyDetails.asp?id=10544

http://www.msm.uni-due.de/ismahttps://www.mgt.unm.edu/faculty/facultyDetails.asp?id=10544



44


International Economic Organisation


Outline

1. International economic order and international organizations

2. The institutionalisation of a global trade regime

3. GATT and WTO as international treaties and organisations

4. Key issues of today‘s WTO

5. Learning about the WTO through case work

6. International trade and environmental issues

7. International trade, labour, and social issues

8. International trade and competition policy

9. Basic issues of international financial organisation

10. The gold standard and the Bretton Woods system

11. The IMF (and the World Bank) in the post-Bretton Woods era

12. Learning about the IMF through case work

Literature

Siebert, Horst (2009): Rules for the Global Economy, Princeton: Princeton University

Press 2009.

Vaubel, Roland (1986): A public choice approach to international organization, in: Public

Choice, Bd. 51, Nr. 1, S. 39-57.





45


International Financial Accounting

Bachelor / Undergraduate – 5 ECTS Winter Term

The aim of this course is to provide a thorough understanding of International Financial

Reporting Standards (IFRS). The students get a competent knowledge of preparing

financial statements in accordance to IFRS. After having finished the course successfully,

the students are able to differentiate the basic principles and major balance sheet items

as well as further information instruments of the financial statements according to IFRS.

Furthermore, the students will be also able to apply the IFRS standards in a practical

manner.

There is no previous knowledge required for this course. It is presented in English. The

written examination (60 minutes) can be written either in German or in English. The

course is held by Dirk Egbers, the global leader of German Business Networks (GBN) of the

big four firm Ernst & Young.


Chair: https://www.rwpc.msm.uni-due.de/en/home/

http://www.msm.uni-due.de/ismahttps://www.rwpc.msm.uni-due.de/en/home/



46


International Real Estate


The aim of this course is to discuss the differences in real estate, both housing and

commercial real estate, in the US and Europe. Special attention will be paid to analyzing

how real estate, and in particular housing, caused the 2008 financial crisis and how the

real estate markets have evolved since then. Some particular topics to be covered include:

- Comparing and contrasting the housing customs in Europe and the US.

- Analyzing the mortgage finance systems in the US and Europe.

- Analyzing how real estate and mortgage finance contributed to and exacerbated

the 2008 financial crisis.

- Investing in international commercial real estate, and the performance of

international real estate.

- Valuating and Investing in REITs and other structured real estate products.

There will be one final exam and a ten-page paper (both in English) assigned for the class.

Visiting Lecturer: http://belkcollege.uncc.edu/directory/richard-buttimer

http://www.msm.uni-due.de/ismahttp://belkcollege.uncc.edu/directory/richard-buttimer



47


Introduction into the Political System of Germany

Bachelor – 3 ECTS and Master – 5 ECTS Summer and Winter Term

Goals

The course addresses incoming B.A. and M.A. and domestic B.A. students interested

either in the German political system or conversation in English in the domain of political

science (or, even better, both). It provides an introduction to the German political system

and country-specific concepts political science applies to analyze it. A focus will lie on

formal and informal institutions that shape political life in Germany. As such, it is

intended to be a starting point for further studies of Germany's political landscape.

Depending on the learning progress and the previous knowledge of the participants, we

will take a more in-depth look at a complex policy, maybe from the realm of social policy.

Course Achievements

Students can gain 3 (B.A.) or 5 (M.A.) ECTS-points respectively. To achieve 3 ECTS-points

students have to provide an adequate presentation during the course or a screencast

introducing a certain topic of the seminar. For being credited 5 points students

additionally have to write an essay concerning a relevant question, meeting common

scientific standards. While the course in general will be held in English, the essay may as

well be written in German.

Chair: https://www.uni-

due.de/gesellschaftswissenschaften/profilschwerpunkt/mainresearcharea.shtml

http://www.msm.uni-due.de/ismahttps://www.uni-due.de/gesellschaftswissenschaften/profilschwerpunkt/mainresearcharea.shtmlhttps://www.uni-due.de/gesellschaftswissenschaften/profilschwerpunkt/mainresearcharea.shtml



48


Introduction to the Korean Economy and Society


This course is designed for students who have no prior knowledge of Korea or Korean

language. Basic understanding of economics and social science may be helpful to

understand each session’s specific topics, but is not mandatory.

Your attendance at every session is essential. Participation/homework account for 20% of

the final grade.

Topics

History of South Korean Economic Development, The Korean Economy between State and

Chaebols, Youth Unemployment & Education System, Development of Korea´s Financial

Policies and the Financial Market, Economy & Innovation, The Economic Effect of

Demographic Change &the Aging Society in South Korea, Asian Financial Crisis and the

Role of the IMF in South Korea, Regional Relations, FDI, ODA & Trade Linkages in East

Asia: The Case of South Korea, Scenarios of a possible Korean reunification.

60-minute written exam (end of term): 80%

For each session, there is a list of required readings. The literature will be provided to you

in the download area of the Chair’s website. Students are expected to read these texts

thoroughly before each session.

6 credit points for the entire module “Contemporary Issues of Korea” (3 credit points for

“Introduction to the Korean Economy and Society” + 3 credit points for “Topical Issues of

the Korean Economy and Business Management”





49


Japan’s Economy between Market, State and

Society


Giving credit to the research focus of the master program, students will work on a self-

study project applying relevant economic theories (Downs´ public choice, welfare

approach) including quantitative measures to various major policy fields like monetary

and fiscal policy, industrial policy, social policy etc. Students will integrate their findings

in a scholarly presentation and a seminar paper. During the semester, students will

learn about and discuss current issues in Japan’s political economy – e.g. recent policy

initiatives like Abenomics.

The successful completion of the seminar enables students to …work out a structured

approach to solve the tasks at hand …get familiar with the application of theories

(operationalization, hypothesis building and testing, interpretation of results) …get to

know some basic quantitative tools (correlation analysis) and critically evaluate their

benefits for their own analysis …learn how to present complicated materials to a wider

audience …get acquainted with ways of developing, presenting and defending

hypotheses …understand current economic policy issues in Japan (Abenomics).


Regular and active participation, including discussion of someone else’s presentation

(25%) - Presentation (25%) - Academic Paper (50%)





50


Japan’s Role in Global and Regional Economic

Relations (Business Issues in Japan's Economy)


Learning Targets

Students will become acquainted with the dynamic global and regional economic

relations of Japan. They will be introduced to the key role of Japanese business and

international economic policy in shaping the production and other business networks of

the Asia-Pacific region, including integration through inter-governmental forms like APEC

and ASEAN+. Students will learn about options for cooperation with Japanese

enterprises, in Japan itself, in third countries like South East Asia, and in a home market

like Germany.

Outline

1. Competitiveness and external trade

2. Foreign direct investment

3. Special mechanisms like sôgô shôsha, etc.

4. Economic relations with East Asia, focusing on regional production networks

5. Economic relations with the US

6. Economic relations with Europe/Germany

7. Japan’s external monetary economic relations

8. Asia-Pacific Integration


Written exam





51


Management and Corporate Strategies in Japan and

Korea

Master / Graduate – 2 ECTS Sum

Social and Economic Sciences International Program · Cologne. With approximately 500,000...

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